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How to trade HPCL, BPCL, ONGC as Crude Oil boils to 5-month high at $77/bbl

Technical chart shows that this oil-related India-listed stock - OIL India - can potentially rally up to 27% from here on as Crude Oil soars on Israel-Iran war fears.

crude oil, OPEC, prices, production, oil and gas
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Tech outlook on HPCL, BPCL, IOC, ONGC and OIL India as Crude Oil soars to $77 per barrel on Friday, June 13.

Rex Cano Mumbai

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Shares of Crude oil-related companies were in focus on Friday following a near 12 per cent surge in the US WTI Crude Oil futures after Israel launched a pre-emptive strike on Iran.  Israel's Defense Minister Israel Katz said on Friday that Israel launched a "pre-emptive strike" on Iran. According to reports, Israel launched an attack on nuclear sites in Iran, killing some of the top military officials and scientists.  In response to the attack, Iran's Supreme Leader Ayatollah Ali Khamenei has warned that Israel will face "a severe punishment". READ MORE  Reports suggested that the